TSXV:NORA.H - Post by User
Post by
gnawitallon Feb 19, 2013 4:13pm
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Post# 21012189
what is value ?
what is value ? CDE:us drops 3.5%-while FR drops ony 1.27% ( timed PST 12.45PM) Spot silver dropping again today-blurring what is silver really worth-One assumes FR share price is supported ( By whom ? ) when it doesn't match spot silver price movement-In a general way FR hasn't actually followed spot silver prices in the last few trading days ! This brings up the question of support and the real value of FR. I re- affirm my original statement here that to trade Orko shares for FR shares is and will be a losing proposition for those that make the trade.The downward movement of the silver market is obvious - and I expect that hoarders will dump and that we will see silver at $20 to 22 an ounce. This movement won't bancrupt silver producers but will temper the high profit margin being gained now.